The Hawaiian gazette., 1887-06-07
COM mERcIAL.
U0vOTTLr JrVr ISL

AOAOL OLC JUNE I, 1885,.
There has been considerable activity in
business circles prevailing during the week,
owing TO the numerous auction sales of
household ELECTS. Mir. Freeth's property at
Waikiki was withdrawn-tbe highest offer
for this tne place being only S4,750, which
was deemed too low to start on. Outside of
this squirt business remains quiet.
Below Is presented Messrs. Williams,
Dimond d Cos commercial letter relating
to the sugar market;
SAN FRASCIsCo. May "a, ISL
Our last circular Sas dated April % per stmr.
Australia.
SUGAR-The prices OF the local reaneries con
tinued without change until the 18Th inst, when
all grades OF refined were advanced &c. per 10.
Both refIeries quote prices 20 day a. follows:
Cube &C.; Granulated, 5s5c.; Extra c. 5l[c., and
Golden c. &c.
The Cuba basis remained at sac for e67 test
until the 2lst inst. when q sale OF Cuba centrif
uEals was made in New York, making the basis
here !'S-i6c FOR 95- tes-au advance OF l-lbc. per
ID.
EASTERN AND FOREIGN NAEzE7s The situa-
lion continues about the same as last advised.
sales of centrifugal sugars have continued to be
made in New York on the basis Of 5isG.3 2-l6c.
FOR 957 Iest. although the former price has pre-
vailed. Refined in New York advanced on the
2lsI inst. il0c per Ib. and again on the 23d 1I6c
per TO-, making price OF -rCnuigted to-day &c
Latest mail udgices from New York OF the l4th
inst. state THAT The situation remains almost
wholly under Tie control OF local Influences and
reuectea IRON foreign markets. Importers,
rather than incur the expense of landing and
storage charges. have offered their supplies on
The basis OF &C. for go test centrifugal and Z
t-l9c. Tor ~ test. musc0vadUes.
benners have willingly paid three prices. from
which fact y l. evident that there is strong TN
der current and that refners. although carrying
heavy stocks, are prepared TO use cheap parcels
whenever offered.
Stocks are not excessive for this season of the
year but importers prefer accepting reasonable
bids TO storing.
sales of near CarEoes Of centrifugals have been
sold 81 2szc. cost and freight OH basis e69 test,
but l-lbc. more would have TO Be paid for ship
ment.
Beet is dull and nominal, prices are too much
above the parity of the New York market TO
make any business practicable. On the above
date frsts could be bought at 12s I'd, cost and
freight, after products at Us 71sd.
Consumption continues to be very satisfactory
and must increase still more now that the fruit
season is near at hand. About half of the Cuba
crop for the United States must be already mar
keted and there is still ~ months TO be supplied
with sugar before the new crop, and at q rate of
consumption far ahead of any previous year.
Statistical position Of sugar May 18TH according
TO Willett q HGmlin's latest circular is as fol-
lows: Receipts since January LIST are 1897 tons
over last year, against 1884 tons shown last
week. Meetings. since January 1st are 81 ,6g3 tons
over last year, against 55,S79 tons shown last
week. Consumption since January 81 is q, $50
tons OYER last year, against 5S,l32 tonssshown
last week. Importers stocks are 3.7S1 tons 5nder
last year against 1858 tons 0Cer last year shown
last week. Total stocks are Il 429 tons over last
year against >, GO tons shown last week Total
stocks in the Uuited States on January was DO
66o tons IN excess of previous year. while now
the excess is reduced 10 l.. 429 tons and should
soon disappear entirely, as il has from the stock
Of importers, which from being 1881 tons plus
on January LIST. is now 3,7Si tons minus.
Our latest Geographic advices of yesterday
from New York quote Cuba centrifugsls So test
Al > Bloc. Market for raws and refined strong
and advancing London, beet So test, lis Sd.
RICE-We quote price 4jsc.
FLOUR-G u. extra family, S5.25; El Dorado,
S4.35
BARLEY-No. / feed. S1l2sk per ctl. fob.
GROUND AND ROLLED BARLEY-S24.0O per
ton fob.
MIDDLINGS-S23 90 per ton fob
BRAN-Coarse. So. 90 per ton fob.
OATS Fair, 81 20; Choice. S1.S0;
HAY-Ccmpresse choice wheat S15.00 per ton;
cat. $3.50; large bales same price.
LINE-S1 .40lJ SI.J0 per bbl..